The URL can be used to link to this page

Home My WebLink About1236 To place and cont~nuously kcep on the bu~'d~ngs now or hereaf~er s~tuate on sa~d land and on all equtp~nem and pe~sona~ly co~ered by thls mor ege, with all prem;~ma ihereon pa~d ~n iu31, tire inw~ance ~n the ~sual srarxlmd po!~cy form, in e sum approved by the MOR~GA3EE, and w~ndsto ~nsuronce in the usual srandard pol,cy form, in a sum approved by ~he MORTGAGEE, in tuch company or canpan:as as the ti10RTGAGEE m d~rect; a~d all (ire and w;nds~orm iniurante pol~urs on any of said build~ngs, any interest therein or part thereof, in the aggrrgare su~n atoresa~d in excess thereoi, sfiall :o~tain The usual standard mortgagee dause or wch o~he~ clausR +s the Mo~~gagee may r~qu~re, makuig thr loss under s.+~J po c~es, each and every, paYable to sa~d h10RTGAGEE ai ~ts lnteres~ may appear, and each and every such poi~cy shatl be promp~~y ass g~~ed and de~~ve~rd ~ eny held by sa~d MORTGAGEE as ~uriher security to said mortgage debt, and, not less than ten l10) days in advance of the expirat~on of each po!~cy. ~o d. fver to said MORiGAGEE a renewal Ihereoi, toge~her with a receipt for the premium of such renewal; and there shalt be no f~re o~ w~~~dato~~n inwranc ptaced on any of aa~d bu~tdin9s, any imereit there~n or parr thereoF, unless in ~he for~n and w~1h the Ioss payable as aforesa~d; ar.d tn rhe e~ent any sv~ of money becpmei payable unde~ such policy or poGc7es said MORTGAGEE shall have the opt~on to recaive and app'y the same on account oi the indab~rd ness secured hereby w to permit sa~d MORTGAGORS ~o rece~ve and use it w any part the:eof fo. oti,er pwt~oses. .•.:~ho~t ~hr~ui w.:~~~~~ o~ ~n9 any equ~ty, lien or riqht under or by virtue oi this mo:rgage; and in the evem sa~d MORTGAGORS shall Sor any reason fa~l to keep ~he sa~d prem~srs so ~nsured, or fail to detiver p~omp?ly any of said pol~c+es of insurante to sa~d MORTGAGEE, or faii promptly 1o pay fully any pre~nium therefo~ or in a~y ~espect fail to perform, d~scharge, execute, ef(ecl, comptere, co~nply wi~h and abide by th~s cove~ant, o~ any part hereo(, sa~d MORTGAGEE n,ay p~ace a~o pay fa such insurance or any part thereof w~ihout waiving or affec~ing any optio~, lien, equ~~y, o~ r~ght under o~ by virtue of :h~s Mo~~gage, and thc full amount of each and every such payment shall be im~nediately due and payable and shall bear iNerest from tba date thereof un~il p.:~d at ~he rate ot n~ne Exr centum per annum and to~etha~ with such inte:est sha{i be secured by the lien of this mortgage. To permif, commit or suffer no waste, impairment or deterioration of said property o~ any part thereof. S. To pay all and singular the costs, charges and expenses, including a reasonable attorney's fee and costs of a6stracts of title, incurred or paid at any time by sa~d MORTGAG:E, because w in the event of the fa~lure on the part of ~he said MORTGAGOR to duly, promptly ar.d futly perfo~rn, d~sc~arge. exrcute, effec~, complere, comply wah and ab:de by exh and every ~he sripula~~ons, agreements, cond~tions, and covenants of sa~d pro+n~ssory note a~.d ihii ,,or~gage any oa ei~her, and sa:d co:ts, charges and expenses, each and every, shall be immed~ately due and payab!e; whefher or nut ehere be nouce d~ mand, attempt to collect or suit pend~ng; a~d rhe futl a~nour.t of each and e~ery such paymem shall bear interesr from fne date tke~eof unt~l pa~d at the r,,re o~ nine per centum per ann~rn; an~ aIl sa~d costs, charges and ex;xnses incurred a paid, together wAh wth intere~t, shall be secured by the lien of thls morlgsge. 6. That (a) in the event of any breach of this Matgage or defauit on tF~ part of the MORTGAGOR, or (b) in the event any of sa:J sums of money herein referred to be not prompNy and tully paid wiihin thaty f30) days next afrer the same severa:ly txcome due ard payable, w~thout demand o~ nor~ce, or (c) in the event each and every the stipu'.ations, agrerments, condrt~ons and covenants of sa d promissoiy note and th~s mortgage any o~ either are not ~uly, promptly and fu~ly performed, d:scha~grd, executed, effected, tompleted, compi~ed with sr.d-abided 5y, then in e~ther w any such event the sa~d ag g~egate sum mentioned in said promissory ncre then remaining unpaid, with interest accrued, and ail mon~ys secu.ed hereby, shall become d~e and pay ab;e forthwith, w thereafter, at the op~ion of sa~d MORTGAGEE, as fully and complere~y as il alI o1 the sa~d sums of money were a~g~naily snpu:ated to be pa~d on such dsy, any~hing in sa;d promissory note or in this Mor~gage to the canr~ary notw~~hsranding; and ~hereupon w thereafter at the op~~on oi sa~d MORTGAGEE, without notice or d¢mand, soit at law o: in equity, therefore a thereaf~er begun, may bt prosecuted as if all mooeyi secured hereby r„d matured pnor to ib institut~on. 7. That in the event that at the beginning of or at any time pe~ding any su~t upon this Mortgage, o? to fweclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having junsd,o~on thereof for the appo~ntmeN of a Receiver, such Court ahall icrthwith appoint a rectiver of said mortgaged property al~ and singular, includ~ng all and si~~gu~ar the ir.come, p~of~ts, issues and revenues from whatever sowce derived, each and every of wh~ch, it be~ng expressly understood, is here6y mongaged as if spec:flcally set forth and described in the grano~ng and habendum clauses hereof, and such Recei~er shall have all the broad and effec~ive funct.ons and powera in anyw~sa entrusted by a Covrt to a Recaiver, and s"h appointment shati be made by such Court as an ad~nitted equify and a matter of absofvie r~ght to sa~d MORTGAGEE, and v~~fhcu~ reference to the ±dequacy or inadequacy of the value of the proper~y mortgaged or to the so,vency or ~nsNvency of sa~d MORTGAGOR or the defendants, and ihat such re~,is, profits, inco.ne, issues and revenues shall be applisd by such Receiver accord~ng to ~he lien or equity of said MORTGAGEE and the practice o! such Court. 8. To du[y, promptly and futly perform, discharge, execute, efiect, complere, comply w~th and abide by each and every the stipulations, agreements, :onditions and covenants ~n sa~d promissory note and this mortgage set forth. 9. That in ihe event the ownership of the mortgaged p~em~ses, w any part thereof, becomes vested in a persen other than the MORTGAGOR, the :'.ORTGAGEE, its suctessors and assigns, may, without no~ice to the MORTGAOR, deal with such succeuor w successw in interest with reference to this ^•o~tqage and the debl hereby secured in the same manner as wiih Mortgagor w~thout in any way vit~ati~g a d+xha~ging the Mortgagori _liability here- :,r.der or upon the debt hereby secvred. No sale of the p:ernius hereby mortgaged ar.d no forbearance on the part of the MORTGAGEE or its s~ccessors or ass~gns and no eate~s~on of the rime tor the payment of the debt hereby secu~ed g~ven by the MORTGAGEE or its successors or ass~gns, a~~all operate ro release, d~scharge, mod~fy change or affect the original liau~l~ty of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essence of th~s contract and that no waiver of any ob~igat~on hereunder or of the ob!igation se- cured hereby shall at any time thereafter be hetd to be a waiver of the terms hereof o~ of the instrument secured herby. l l. In add:tio~ to the forego ng monthly payments of princ pal and interest required by the prom:ssery note secured hereb~, mo~tgagor covenant: ,~:d agrees to pay ro mo~toagee with each monrh~y peyr~eent an add~nonal wm est~n:ated by mortgagee to be equal to L 12 of the an,ual cost of fhe fof;ow- , A-A!I real property taxzs le•+ie~ or assessed aga]•ist thc above desc.ibed real estate_ 6-Premiums on iire and ,nrindstorm insurarce as here~n requ:red to be carried on the improveme~ts s~tuate on the above dsscribed premises. C-Premiums on such mo~tgage g~aranty insurar~ce as mortgagee shail from t me to t6ne deem fit to carry on the loan secured hereby. ' Mortgagee s!~all from time to time no!ify mortgagor io writing of the amou~t dve and payabte hereundar and such sum shall thereupor. be due and ' : a•;abte on the d~e date of ~he n~xt monthly payment ancf each successive month thereafter ur.~il mortgagee shall notify mortgagor of a change in such _ o~nt. $uch sums sF.a!I be appiicd by mortgagee toward the payment of reaf property taxes, insura~ce prem:ums, and mcrtgage gua~anty insurance rremiums. IN WITNESS VVHEREOF, the said MORTGAGOR has hereunto set his har,d and seal the day and year first aforesaid. ` ned, Sealed and li r in the presence of: ~ i E ~ % € (Seal) ~ ranco R ino ~~ai~ . ~ (Seaq ° uanita Ro o no ~~a~~ ~ ti ~ TE OP FLORIDA ~ COUNTY OF St. Lucie ~ ~ ~ Befwe me personally appeared FrdJiCO Rogolino a~ ~ _luanit~ Roaolino ` hSs wife, to me well known and I,cnQwn !o me to be e rhz individuals described in and who executed the foregoing instrument, and acknowledged befwe me that they executed ti~~ ~arMf ~fo~ .t~e purposes Juanita Rogolino ~ rhrein expressed_ And the said - ~ .v~fe of r~ s~~d Franco Rogol ino ~ ' ~ ' ypon's•sap~rate and privste ~ e~aminst~o~ by me take~ aeparate and apart from her said husband, acknowledged to and befwe me that she executed aL~l~instrument ~teely and volun- rar~iy and w~thout any compulsion, constraint, apprehen io , w fear of w from her taid busband. 'J.; ~ WITNE55 my hand aod official seal this_ day os rch ~ ~ ~1.'D. 19 72 'r . ~ . ~ . Notary PubGt in end for fh~ ~at of ~1qFi~ ;~t ~~r~s My Comm~ssion expires: 4 ~ Rerurn To: ~pj~g ' ~~pRIDA at UIIM[ t Firsf Federal Savings 3 loan Association NY COM~11 ~EXPIRES SEPT. 25, 1915 O! Fort P:erce. Bp~Q~Q ~/~IW(Ipf1 BD11klfS IfltYfailC! C0. Fort Pierce, Florida 225433 - This Instrument Prepared By John W. Collins _ First Federal Savings 8 Loan Association - ~~p Abg'~p~POE~ ~ of Fort Pierce , F lor ida =T_ rCpIH1Tx ~LM. '_a -RDCEk POI~R~ ' _ Checked By ~IERK Ct:~CUtT'COtM _ - RECQF:G':EP.~~IfD - at~c~ ~ ~3 ~ ~z P~1'1~ ~ ~ - „ , ~ ~ ¢ ~ - - ~ ; ~ ~ ~ _ _ : ~ y ~ : ~ ' ~~..~'~,~.:z _ 3fi_.._~ _ _ _--='~-`r : , _ . . ~ . c.. s'~ ,